What is a bail bond indemnitor?
A bail bond indemnitor is the co-signer for the bail bond. The indemnitor is responsible for seeing that all premiums are paid for a defendant’s bail bond. Bail bonds are normally good for one year. If the case continues for longer than a year, additional premiums will be due and collected for each year the case goes on. Bail bond premiums are not refundable, as they are used for the bail agent`s expenses, etc. The indemnitor is also responsible for additional expenses incurred by the bail agent in the transaction of a bail bond, such as long distance calls, travel, etc. An indemnitor is no longer liable for the defendant’s bond when the defendant has completes all of his/her court appearances, and when all premiums have been paid. It is best to contact the bail bond company when the bail bond is exonerated by the court, for the expedient return of any collateral pledged and to confirm that the bond is exonerated.
Simply put, a bail bond indemnitor is the person who cosigns a bail bond. The bail bond indemnitor is then legally responsible for ensuring that all premiums related to the bond are paid.
See, what happens is this. Someone gets arrested and placed in jail. They get issue a bail bonds. Say they get a Santa Clarita Bail Bonds. So now they are in the Santa Clarita Jail.
They call out on a phone and talk to Mom. She calls a bail bondsman. The bail bondsman asks Mom if she is willing to sign for the person in jail. When she says yes, she becomes the indemnitor, the person who is willing to sign responsibility for the person in jail.
Now Mom is responsible for the defendant to make all of their courts dates or she will have to pay for the bail bonds.
Say for example that the defendant was arrested for domestic violence. This is one of the most popular bail bonds we usually get in Santa Clarita. The first time offense with no bodily harm is $20,000.
That means, in order for Mom to bail out her kid, she needs to pay the bail bonds company $2,000. This is called the bail bonds premium.
Since she is the indemnitor, she is responsible for this $20,000 if her son skips town. If both she and her son skip town, the responsibility falls solely on the Bail Bonds Santa Clarita company.
If you every need any additional information, feel free to contact us:
Santa Clarita Bail Bonds by SH: http://www.santaclaritabailbonds.com
A bail bond indemnitor is the cosigner for the bail bond. The indemnitor is responsible for seeing that all premiums are paid for a defendant`s bail bond. Bail bonds are normally good for one year. If the case continues for longer than a year, additional premiums will be due and collected for each year the case goes on. Bail bond premiums are not refundable, as they are used for the bail agent`s expenses, etc. The indemnitor is also responsible for additional expenses incurred by the bail agent in the transaction of a bail bond, such as long distance calls, travel, etc. An indemnitor is no longer liable for the defendent`s bond when the defendant has completes all of his/her court appearances, and when all premiums have been paid. It is best to contact the bail agent when the bond is exonerated by the court, for the expedient return of any collateral pledged and to confirm that the bond is exonerated.
A bail bond indemnitor is the co-signer for the bail bond. The indemnitor is responsible for seeing that all premiums are paid for a defendant’s bail bond. Bail bonds are normally good for one year. If the case continues for longer than a year, additional premiums will be due and collected for each year the case goes on. Bail bond premiums are not refundable, as they are used for the bail agent`s expenses, etc. The indemnitor is also responsible for additional expenses incurred by the bail agent in the transaction of a bail bond, such as long distance calls, travel, etc. An indemnitor is no longer liable for the defendant’s bond when the defendant has completes all of his/her court appearances, and when all premiums have been paid. It is best to contact the bail bond company when the bail bond is exonerated by the court, for the expedient return of any collateral pledged and to confirm that the bond is exonerated. In the event of forfeiture, the indemnitor is liable until the full amou
